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Mobile Artificial Intelligence (AI) Market Foreseen to Grow Exponentially by 2026

Author: Akash Pande
by Akash Pande
Posted: Mar 15, 2019

Artificial intelligence has been in high demand across diverse applications in the last few years. Advancements in technology are expected to play an important role in the market, which is expected to support the development of the market in the next few years. The current trends, opportunities, and the growth prospects in the market have been discussed thoroughly in the scope of the research report.

The emergence of edge computing in the Internet of Things is projected to accelerate the development of the mobile artificial intelligence market in the coming years. The growing demand for cognitive computing is further predicted to drive the market in the near future. On the other hand, the high pricing of artificial processors and the lack of artificial intelligence experts are expected to inhibit the growth over the next few years. Nonetheless, the rise in the number of artificial intelligence applications is anticipated to ensure the growth in the coming few years.

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A tremendous rise in the use of mobile phone, especially in emerging economies is projected to ensure the growth of the global mobile artificial intelligence market in the next few years. The rising demand for artificial-intelligence-capable processors in the mobile devices is further estimated to accelerate the development of the overall market in the next few years. In addition to this, the introduction of low-cost artificial intelligence chips for cameras and the launch of vision applications in the mobile devices are some of the other main factors that are likely to support the market growth in the next few years.

The global mobile artificial intelligence (AI) market has been classified on the basis of geography into Latin America, the Middle East and Africa, Europe, North America, and Asia Pacific. In terms of market share, the North America segment is projected to lead the global mobile artificial intelligence market over the next few years. The presence of several prominent players and the increasing research activities are expected to ensure the growth of the mobile artificial intelligence (AI) market in the coming few years. On the other hand, the mobile artificial intelligence (AI) market across Asia Pacific is predicted to ensure a high growth in the next few years. The increasing population and the rising use of smart phones are estimated to accelerate market growth in the near future.

The global mobile artificial intelligence (AI) market is expected to display a high level of competition over the next few years. The existence of a large number of players that are operating in the mobile artificial intelligence (AI) market is projected to ensure the growth of the overall market in the next few years. The rising emphasis on technological developments and innovations are estimated to accelerate the growth of the overall market in the coming few years. In addition to this, the development of new products and the increasing number of mergers and acquisitions are projected to ensure the development of the overall market in the coming years. The key players in the mobile artificial intelligence (AI) market include Huawei (China), NVIDIA (US), Microsoft (US), Qualcomm (US), Google (US), IBM (US), Intel (US), Samsung Electronics (South Korea), Apple (US), and MediaTek (Taiwan).

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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materia

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Author: Akash Pande

Akash Pande

Flag of India
India

Member since: Jan 03, 2019
Total live articles: 1014

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